Export: Emefiele to Meet Multinational Companies CEOs

Proshare

Wednesday, August 26, 2020 08:19 AM / By CBN / Header Image Credit: Financial Times

 

Proshare Nigeria Pvt. Ltd.


The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed plans to meet the Chief Executives of multinational companies in Nigeria, to discuss the revamp of Nigerian exports.

 

Mr. Emefiele dropped the hint on Tuesday, August 25, 2020, during the meeting of the Bankers' Committee, noting that the CBN was ready to encourage the revamp of Nigeria's export sector through deliberate policies that would boost investment and job creation.

 

While decrying the situation where many Nigerian produce of export quality were waiting to be tapped, Emefiele said the CBN, in collaboration with the Federal Ministry of Industry, Trade and Investment, would ensure the facilitation of a reboot of the Nigerian export market.

 

Alluding to President Muhammadu Buhari's charge for Nigerians to produce what they eat and eat what they produce, the CBN Governor reiterated that the country had no choice but to diversify its economic base away from heavy reliance on crude oil.

 

The meeting is expected to come up with a roadmap on how best to revitalize the export sector in order to earn foreign exchange for the country, as well as generate jobs for millions of Nigerians.

 

It would be recalled that the Emefiele had earlier initiated a campaign tagged 'Produce, Add Value and Export' (PAVE), especially for the agricultural produce.


Proshare Nigeria Pvt. Ltd.

 

Related News

  1. FG Targets 22 Non-oil Commodities for Export Promotion
  2. Pick-up in Non-oil Exports QoQ
  3. Nigeria's Merchandise Trade Slowed in Q1 2020 Due to Declines in Both Imports and Exports
  4. Nigeria's Merchandise Trade Grew in Q4 2019; Imports Rose Faster Exceeding Falling Exports
  5. Ecobank is Providing Opportunities that Support Exports and Imports - Sunday Abah
  6. Export Crops Maintaining Gains in Price - AFEX Commodities Weekly Report 140220
  7. Steps Towards Boosting Non-oil Exports
  8. Personal Statements By The MPC Members At The 131 MPC Meeting of July 20, 2020
  9. Post-MPC View: A Preferred Default Position
  10. CBN Keeps Rates The Same
  11. CBN MPC Takeaways; Standing in Still Waters, As Regulator Decides To Wait and Watch
  12. Fragile Macro Conditions to Hinder Loan Creation

Proshare Nigeria Pvt. Ltd.
READ MORE:
Related News
SCROLL TO TOP